Assets are what a business owns and liabilities are what an enterprise owes. both are indexed on a business enterprise's stability sheet,
Calculation of goodwill gain and bargain purchase:-
Particulars Amount
Assets :
cash $ 23,000
property & equipment 85,000
internally developed patent 3,000
Total assets $ 111,00
Less: Liabilities ( 16000 )
Net assets of William co. $ 95,000
Purchase consideration paid $ 145,000
goodwill [ purchase consideration-net assets ] $ 50,000
Notes
The assets & Liabilities of the Acquiree are recorded at fair value in the books of the acquiree.
Internally developed parent, which is acquired is expected to be identifiable. Hence recognized in Books. recorded at is books of Acquiror. an economic assertion that suggests an enterprise's economic fitness. belongings minus liabilities equals fairness or a proprietor's net worth. present-day and long-term liabilities are going to be the maximum not unusual ones that you see for your enterprise.
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Unsubsidized federal loan
That happens during a bull market
Answer:
The answer is: The variable maintenance cost is $0.21 per machine hour
Explanation:
To find the variable maintenance cost per machine hour we must divide the total amount spent in maintenance costs by the total amount of production hours.
Since both production hours and maintenance cost vary so much, we must high-low method:
variable maintenance cost = (highest maintenance cost - lowest maintenance cost) / (highest machine hours - lowest machine hours) =
= ($10,500 - $8,600) / (23,000 - 14,000) = $0.21 per machine hour
